Closing Bell: Nifty at 25,400, Sensex down 170 pts amid volatility; media shine, PSU banks a drag

Indian equity indices ended on a negative note in the volatile session with Nifty at 25,400 on July 3. At close, the Sensex was down 170.22 points or 0.20 percent at 83,239.47, and the Nifty was down 48.10 points or 0.19 percent at 25,405.30.

We wrap up today's edition of the Moneycontrol live market blog, and will be back tomorrow morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.

Today, the benchmark indices witnessed a volatile session. The Nifty ends 48 points down, while the Sensex was down by 170 points. Among sectors, Capital Market and Media indices rallied nearly 1.5 percent, whereas intraday profit booking was seen in India Tourism and PSU Banks stocks.

Technically, after an early morning intraday rally, the market faced resistance near 25,600/83,800 and reversed sharply. From the day's highest levels, the market corrected over 200/600 points. A bearish candle on daily charts and a lower top formation on intraday charts indicate further weakness from the current levels. However, the short-term market outlook remains positive.

For day traders, 25,500/83,500 are key levels to watch. As long as the market trades below these levels, weak sentiment is likely to continue. On the downside, the market could slip to 25,300-25,250 / 83,000-82,800.

On the upside, above 25,500/83,500, we could see an intraday bounce up to 25,600/83,800. A successful breakout of the 25,600/83,800 resistance zone could push the market towards 25,670/84,000.

After a firm start, the Index initially moved higher, gaining over 100 points; however, it struggled to sustain those levels and eventually erased all its gains to close the session at 25,405.30 with a loss of 48.10 points.

Sector-wise, Media and Auto were the top performers, while PSU Banks and Metal sectors lagged.

Mid and Smallcaps managed to end the trade in positive territory and outperformed the Frontline Index.

Nifty50, once again, tested its immediate support at 25,400. A breach of this level could extend the ongoing correction toward 25,300, whereas a decisive close above 25,600 is essential to revive positive momentum.

Markets traded volatile on the weekly expiry day and ended marginally lower, continuing the ongoing consolidation phase. After an initial uptick, the Nifty oscillated sharply in both directions while remaining within Wednesday’s trading range, ultimately closing at 25,405.30. Sector-wise, the trend remained mixed—auto and pharma posted gains, while metal and realty were among the top losers. The broader indices also mirrored this movement and closed on a flat note.

In the absence of any fresh trigger, the mixed trend among heavyweights is capping the Nifty's directional move. However, the overall trend remains bullish and is expected to stay intact unless the index decisively breaks below the 25,200 mark. On the upside, the 25,650–25,750 zone is likely to act as an immediate hurdle.

Meanwhile, individual stocks continue to offer ample opportunities, supported by rotational buying across sectors and noticeable resilience in the broader market. Participants should align their positions accordingly, with a strong focus on stock selection.

The market shifted into a weakness with high volatility on Thursday on the day of weekly Nifty expiry and closed the day lower by 48 points. After opening with a positive note, Nifty was not able to sustain the highs and slipped into weakness soon after the opening. An attempt of upside recovery has been thwarted and the market finally closed at the lows.

A reasonable negative candle was formed on the daily chart with long upper shadow. Technically, this market action indicates continuation of consolidation or minor dip in the market with sell on rise opportunity.

The bullish chart pattern like higher tops and bottoms is intact on the daily chart and present weakness could be in line with the new higher bottom formation at the lows. Nifty is nearing an important cluster support around 25350-25250 levels (10day EMA, ascending trend line on the daily chart and support as per change in polarity on the weekly chart), where one may expect chances of sharp bounce back. Immediate resistance is placed at 25600 levels.

The domestic equity market continued to consolidate as profit booking followed last week's sharp rally. Investors remain watchful of developments surrounding the potential U.S.–India trade agreement, with the 90-day pause nearing its end.

FIIs have turned cautious in the recent days due to premium valuation. Despite these headwinds, sentiment remains supported by optimism surrounding the upcoming earnings season and the weakening U.S. dollar index.

The Indian rupee strengthened to its highest point in a month, primarily due to anticipated foreign capital inflows and a positive outlook on an impending trade agreement with the United States.

In the near term, the spot USD/INR exchange rate is expected to find support at 84.95, while encountering resistance at 85.70.

NBCC (India) was quoting at Rs 117.60, down Rs 2.50, or 2.08 percent. It has touched an intraday high of Rs 121.30 and an intraday low of Rs 117.30. It was trading with volumes of 695,411 shares.

In the previous trading session, the share closed down 2.48 percent or Rs 3.05 at Rs 120.10.

The share touched a 52-week high of Rs 139.83 and a 52-week low of Rs 70.82 on 28 August, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 15.9 percent below its 52-week high and 66.05 percent above its 52-week low.

Market capitalisation stands at Rs 31,752.00 crore.

Indian rupee ended 39 paise higher at 85.32 per dollar on Thursday versus previous close of 85.71.

Indian equity indices ended on a negative note in the volatile session with Nifty at 25,400 on July 3.

At close, the Sensex was down 170.22 points or 0.20 percent at 83,239.47, and the Nifty was down 48.10 points or 0.19 percent at 25,405.30. About 1947 shares advanced, 1912 shares declined, and 154 shares unchanged.

Apollo Hospitals, Hero MotoCorp, Dr Reddy's Labs, ONGC, Maruti Suzuki were among major gainers on the Nifty, while losers were SBI Life Insurance, Kotak Mahindra Bank, Bajaj Finance, JSW Steel, Bajaj Finserv.

BSE Midcap index ended flat and smallcap index rose 0.5 percent.

On the sectoral front, metal, realty, PSU Bank, telecom indices down 0.5 percent each, while pharma, media, oil & gas, auto, consumer durable up 0.3-1 percent.

QIB – 0.13 times

NII - 4.25 times

Retail – 2.35 times

Overall – 2.14 times

The Securities and Exchange Board of India has issued the Certificate of Registration to operate as “stock broker/clearing member” to Mobikwik Securities Broking Private Limited (MSBPL), a wholly-owned Subsidiary of the company.

#1 Reported Q1 standalone revenues 2 percent below estimates

#2 Company added nine new stores during the quarter (versus six stores in Q1FY25)

#3 Total store count at 424 at the end of Q1FY26

Waaree Renewable Technologies has been awarded Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) works of solar power project including Operation and Maintenance (O&M) of 21 MW AC/29.4 MW DC capacity. This project will be executed under Mukhyamantri Saur Krushi Vahini Yojana-2.0 (MSKVY 2.0).

Waaree Renewable Technologies was quoting at Rs 992.00, up Rs 2.90, or 0.29 percent. It has touched an intraday high of Rs 1,004.45 and an intraday low of Rs 988.05. It was trading with volumes of 39,061 shares.

In the previous trading session, the share closed down 0.94 percent or Rs 9.35 at Rs 989.10.

The share touched a 52-week high of Rs 2,074.95 and a 52-week low of Rs 732.05 on 25 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 52.19 percent below its 52-week high and 35.51 percent above its 52-week low.

Market capitalisation stands at Rs 10,341.26 crore.

Indian Rupee rose sharply on Friday on weak US Dollar and a decline in US treasury yields. A decline in crude oil prices too favoured the Rupee. However, weak domestic markets capped sharp gains. US Dollar fell on weaker than expected ADP Non-Farm Employment data from the US.

We expect Rupee to strengthen on weak US Dollar and rise in risk appetite in global markets. Overall weak tone in crude oil may also support the domestic currency. However, uncertainty over trade tariff may cap sharp gains. Traders may take cues from Non-Farm payrolls report from the US. USDINR spot price is expected to trade in a range of Rs 84.90 to Rs 85.60.

#1 TDSAT recently quashed AERA’s earlier HRAB calculation for DIAL airport

#2 TDSAT further directs a fresh computation for HRAB

#3 HRAB, a notional asset base, is key to setting aero tariffs

#4 TDSAT has held AERA's method as incorrect to calculate HRAB

#5 Revised HRAB could significantly raise allowable tariff recovery due to past under-recoveries

#6 This & other debated under-recoveries could mean major upside to DIAL tariff/profitability

The Sensex was down 114.07 points or 0.14 percent at 83,295.62, and the Nifty was down 37.45 points or 0.15 percent at 25,415.95. About 1757 shares advanced, 1789 shares declined, and 112 shares unchanged.

#1 Q1 sales growth moderated slightly from Q4

#2 Marginal miss on sales growth

#3 Healthy pace of store additions

#4 Typically, Q1 sees a stronger gross margin given product mix

#5 Hence, assume a sequential uptick in gross margin & EBITDA margin

IndusInd Bank announced that it has opened an all-women branch in Chennai, Tamil Nadu. Located at Saveetha Dental College, Velappanchavadi, this is the 12 th all-women branch established by the Bank in country. Through this initiative, IndusInd Bank aims to offer women customers more comfortable and convenient space for availing banking services.

IndusInd Bank was quoting at Rs 862.30, up Rs 4.15, or 0.48 percent. It has touched an intraday high of Rs 865.70 and an intraday low of Rs 845.60. It was trading with volumes of 145,977 shares.

In the previous trading session, the share closed down 2.41 percent or Rs 21.20 at Rs 858.15.

The share touched a 52-week high of Rs 1,498.70 and a 52-week low of Rs 605.40 on 19 September, 2024 and 12 March, 2025, respectively.

Currently, the stock is trading 42.46 percent below its 52-week high and 42.43 percent above its 52-week low.

Market capitalisation stands at Rs 67,177.99 crore.

#1 Revise estimates upwards based on recent trends & management commentary

#2 However, believe that 1Q EBITDA/t should likely be peak & already disc in stock price

#3 Steel prices could correct further given demand-supply trends

#4 Expect further downside to steel prices and EBITDA/t to correct further

#1 Reported gross advances growth of 9.9 percent YoY/1.3 percent QoQ (vs estimate of 2.1 percent QoQ)

#2 Deposits growth stood marginally below estimate

Punjab National Bank was quoting at Rs 110.55, down Rs 3.30, or 2.90 percent. It has touched an intraday high of Rs 114.10 and an intraday low of Rs 110.40. It was trading with volumes of 1,592,142 shares.

In the previous trading session, the share closed up 0.71 percent or Rs 0.80 at Rs 113.85.

The share touched a 52-week high of Rs 128.80 and a 52-week low of Rs 85.50 on 29 July, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 14.17 percent below its 52-week high and 29.3 percent above its 52-week low.

Market capitalisation stands at Rs 127,054.49 crore.

QIB – 0.12 times

NII - 3.80 times

Retail – 2.16 times

Overall – 1.93 times

Indian rupee is trading higher by 37 paise at 85.34 per dollar versus previous close of 85.71.

The board of directors of the company at its meeting held on July 03, 2025 approved P N Gadgil Jewellers

by way of issuance of equity shares or any other eligible securities or any combination thereof, by way of qualified institutions placement(s), preferential allotment or private placement(s) and/or any combination thereof or any other method, for an aggregate amount of up to Rs 10,000 million, in one or more tranches and/or one or more issuances, subject to the receipt of necessary approvals including approval of the Shareholders of the company and other regulatory / statutory approvals, as may be required, in this regard.

Krystal Integrated Services has received a contract from Maharashtra Tourism Development Corporation Limited (MTDC) for providing highly skilled, semiskilled and unskilled manpower at MTDC locations across Maharashtra State.

The approximate contract value is of Rs 32.38 crore excluding all duties and taxes.

Bank of Maharashtra was quoting at Rs 57.20, up Rs 0.16, or 0.28 percent. It has touched an intraday high of Rs 57.60 and an intraday low of Rs 56.43. It was trading with volumes of 3,030,710 shares.

In the previous trading session, the share closed down 2.09 percent or Rs 1.22 at Rs 57.04.

The share touched a 52-week high of Rs 70.75 and a 52-week low of Rs 38.11 on 29 July, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 19.15 percent below its 52-week high and 50.09 percent above its 52-week low.

Market capitalisation stands at Rs 43,995.69 crore.

#1 Total business soars 10.2 percent to Rs 13.44 lakh crore Vs Rs 12.2 lakh crore, YoY

#2 Total deposits grow 9.3 percent to Rs 7.44 lakh crore Vs Rs 6.81 lakh crore, YoY

#3 Gross advances increase 11.3 percent to Rs 6 lakh crore Vs Rs 5.39 lakh crore, YoY

Indian Bank was quoting at Rs 647.65, down Rs 3.00, or 0.46 percent. It has touched an intraday high of Rs 658.00 and an intraday low of Rs 643.05. It was trading with volumes of 97,149 shares.

In the previous trading session, the share closed up 0.11 percent or Rs 0.70 at Rs 650.65.

The share touched a 52-week high of Rs 658.50 and a 52-week low of Rs 474.05 on 03 June, 2025 and 13 January, 2025, respectively.

Currently, the stock is trading 1.65 percent below its 52-week high and 36.62 percent above its 52-week low.

Market capitalisation stands at Rs 87,236.12 crore.

The Sensex was up 179.60 points or 0.22 percent at 83,589.29, and the Nifty was up 44.85 points or 0.18 percent at 25,498.25. About 1865 shares advanced, 1644 shares declined, and 121 shares unchanged.

Tata Steel was quoting at Rs 166.75, up Rs 0.85, or 0.51 percent. It has touched an intraday high of Rs 168.75 and an intraday low of Rs 166. It was trading with volumes of 2,887,706 shares.

In the previous trading session, the share closed up 3.72 percent or Rs 5.95 at Rs 165.90.

The share touched a 52-week high of Rs 178.15 and a 52-week low of Rs 122.60 on 04 July, 2024 and 13 January, 2025, respectively.

Currently, the stock is trading 6.4 percent below its 52-week high and 36.01 percent above its 52-week low.

Market capitalisation stands at Rs 208,162.89 crore.

#1 Standalone revenue zooms 16.2 percent to Rs 15,932.12 crore Vs Rs 13,711.87 crore, YoY

#2 Total number of stores as of June 2025 stood at 424, YoY

#1 Gross advances up 16.4% YoY & up 3.5% QoQ at Rs 7,437 crore

#2 Total deposits up 17.1% YoY & up 9.50% QoQ at Rs 9,110 crore

#3 Gross NPA at 2.70% vs 2.60%, QoQ

Capital Small Finance Bank was quoting at Rs 280.80, down Rs 3.30, or 1.16 percent. It has touched an intraday high of Rs 287.15 and an intraday low of Rs 280.80. It was trading with volumes of 4,548 shares.

In the previous trading session, the share closed down 1.64 percent or Rs 4.75 at Rs 284.10.

The share touched a 52-week high of Rs 369.00 and a 52-week low of Rs 250.00 on 04 July, 2024 and 12 March, 2025, respectively.

Currently, the stock is trading 23.9 percent below its 52-week high and 12.32 percent above its 52-week low.

Market capitalisation stands at Rs 1,270.53 crore.

SpiceJet has received the first two of its overhauled engines from global MRO provider StandardAero. These include a CFM LEAP‐1B engine that powers the Boeing 737 MAX, overhauled at StandardAero’s Houston, USA facility, and one Q400 engine, received from StandardAero’s Singapore facility.

The airline has also successfully ungrounded another Boeing 737 NG aircraft, which returned to active service last month, reinforcing SpiceJet’s commitment to restoring fleet capacity in a structured and phased manner.

SpiceJet was quoting at Rs 40.67, up Rs 1.19, or 3.01 percent. It has touched an intraday high of Rs 40.89 and an intraday low of Rs 39.50. It was trading with volumes of 4,591,870 shares.

In the previous trading session, the share closed down 0.93 percent or Rs 0.37 at Rs 39.48.

The share touched a 52-week high of Rs 79.90 and a 52-week low of Rs 38.83 on 16 September, 2024 and 20 June, 2025, respectively.

Currently, the stock is trading 49.1 percent below its 52-week high and 4.74 percent above its 52-week low.

Market capitalisation stands at Rs 5,212.62 crore.

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company has commissioned 752 MW of renewable Solar projects in Q1 FY26 — a record quarterly addition, up 112% from 354 MW in Q1 FY25.

The Tata Power Company was quoting at Rs 399.65, down Rs 6.80, or 1.67 percent. It has touched an intraday high of Rs 403.95 and an intraday low of Rs 396.75. It was trading with volumes of 390,308 shares.

In the previous trading session, the share closed down 0.00 percent or Rs 0.00 at Rs 406.45.

The share touched a 52-week high of Rs 494.85 and a 52-week low of Rs 326.25 on 27 September, 2024 and 17 February, 2025, respectively.

Currently, the stock is trading 19.24 percent below its 52-week high and 22.5 percent above its 52-week low.

Market capitalisation stands at Rs 127,701.74 crore.

Biocon Biologics,a subsidiary of Biocon, today announced that the European Commission (EC) has granted marketing authorisation in the European Union (EU) for Vevzuo and Evfraxy biosimilars of Denosumab.

Vevzuo is authorised for the prevention of bone complications in adults with advanced cancer involving bone and the treatment of adults and skeletally mature adolescents with giant cell tumour (GCT) of bone.

Arkade Developers has entered into a binding agreement to acquire the entity 'Filmistan Pvt Ltd', for a total outlay of Rs 183 crores.

This acquisition will enable Arkade Developers to develop the iconic 4-acre land parcel situated on SV Road in Goregaon West, popularly known as ‘Filmistan Studios’.

QIB – 0.11 times

NII - 2.78 times

Retail – 1.76 times

Overall – 1.50 times

The Sensex was up 170.54 points or 0.20 percent at 83,580.23, and the Nifty was up 44.75 points or 0.18 percent at 25,498.15. About 1914 shares advanced, 1552 shares declined, and 131 shares unchanged.

Persistent Systems announced the appointment of Shimona Chadha as Chief Marketing Officer.

Persistent Systems was quoting at Rs 5,982.15, down Rs 30.65, or 0.51 percent. It has touched an intraday high of Rs 6,084.00 and an intraday low of Rs 5,976.15. It was trading with volumes of 3,692 shares.

In the previous trading session, the share closed down 0.41 percent or Rs 24.50 at Rs 6,012.80.

The share touched a 52-week high of Rs 6,788.80 and a 52-week low of Rs 4,163.80 on 20 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 11.88 percent below its 52-week high and 43.67 percent above its 52-week low.

Market capitalisation stands at Rs 93,231.81 crore.

MOIL recorded its highest-ever June production of 1.68 lakh tonnes of manganese ore, marking a 2% increase over the corresponding period last year.

During April-June, 2025 period also, MOIL has registered the best ever quarterly production of 5.02 lakh tonnes, higher by 6.8% over CPLY and best ever Q1 exploratory core drilling of 34,900 meters, which is higher by 16.2% over CPLY.

#1 Mined metal production increases 1 percent to 2.65 lakh tonnes Vs 2.63 lakh tonnes, YoY

#2 Saleable metal production drops 5 percent to 2.5 lakh tonnes Vs 2.62 lakh tonnes, YoY

#3 Refined zinc production declines 4 percent to 2.02 lakh tonnes Vs 2.11 lakh tonnes, YoY

#4 Refined lead production falls 6 percent to 48,000 tonnes Vs 51,000 tonnes, YoY

#1 Total deposits up 20 percent at Rs 35,990 crore versus Rs 29,920 crore, YoY

#2 Gross advances up 32 percent at Rs 33,142 crore versus Rs 25,099 crore, YoY

#3 Advances against Gold & Gold Jewellery up 36 percent at Rs 14,928 crore versus Rs 10,947 crore, YoY

#4 CASA up 14 percent at Rs 8,465 crore versus Rs 7,449 crore, YoY

The company’s subsidiary, CuraTeQ Biologics s.r.o., has obtained marketing authorization from the European Commission for Dazublys, its trastuzumab biosimilar version.

Dazublys is used in the treatment of adult patients with HER2-positive breast and gastric cancers.

Additionally, Pharmacin BV has merged with its holding company, Agile Pharma BV, effective July 1. Both are wholly owned step-down subsidiaries of the company and are incorporated in the Netherlands.

The company has received a Show Cause Notice from the Central GST Commissionerate, Dehradun, alleging short payment of GST for the financial years 2018–19 to 2020–21 by Universal Comfort Products (which was merged with the company during FY21).

The Show Cause Notice seeks an explanation as to why the tax amount of Rs 265.25 crore should not be demanded, along with interest and penalty.

Ipca Laboratories was quoting at Rs 1,418.15, up Rs 44.90, or 3.27 percent. It has touched an intraday high of Rs 1,433.35 and an intraday low of Rs 1,375. It was trading with volumes of 6,730 shares.

In the previous trading session, the share closed up 0.09 percent or Rs 1.25 at Rs 1,373.25.

The share touched a 52-week high of Rs 1,757.65 and a 52-week low of Rs 1,148.75 on 03 January, 2025 and 04 July, 2024, respectively.

Currently, the stock is trading 19.32 percent below its 52-week high and 23.45 percent above its 52-week low.

Market capitalisation stands at Rs 35,979.06 crore.

Alembic Pharmaceuticals Inc., wholly owned subsidiary of Alembic Pharmaceuticals has acquired Utility Therapeutics Ltd.

The object of acquisition is to market the USFDA approved product and underdevelopment product owned by the Utility in USA.

Utility Therapeutics is involved in the development and approval of two brand pharmaceutical products for the treatment of urinary tract infections (UTI).

The company has acquired a 51% equity stake in Shree Vrajendra Foods, a Rajkot-based manufacturer and trader of foodgrains, edible oils, and other food staples.

It plans to invest Rs 10 crore in Shree Vrajendra Foods over the next two years to expand its operations

QIB – 0.10 times

NII - 2.16 times

Retail – 1.48 times

Overall – 1.23 times

The Sensex was up 204.16 points or 0.24 percent at 83,613.85, and the Nifty was up 52.00 points or 0.20 percent at 25,505.40. About 1871 shares advanced, 1509 shares declined, and 154 shares unchanged.

Aster DM has given a breakout above its all-time high and continues to move higher, reflecting strong bullish momentum. The stock is trading well above all major EMAs, indicating a sustained uptrend.

The RSI is positioned in the higher range, supporting the bullish sentiment, while the MACD has given a positive crossover, further reinforcing the uptrend.

An increase in volume during today’s session also signals strong buying interest at higher levels. Traders should remain nimble-footed, and a stop-loss at Rs 590 is recommended. The stock remains poised for an up move towards Rs 710 in the near term.

Motilal Oswal Asset Management Company has achieved a significant milestone, with its Assets Under Management (AUM) crossing Rs 1.5 lakh crore.

In the previous trading session, the share closed down 1.53 percent or Rs 13.25 at Rs 855.30. The share touched a 52-week high of Rs 1,063.40 and a 52-week low of Rs 487.85 on 18 October, 2024 and 07 April, 2025, respectively. Currently, the stock is trading 15.27 percent below its 52-week high and 84.7 percent above its 52-week low. Market capitalisation stands at Rs 54,018.91 crore.

Chandan Kumar Verma has been appointed as Chief Financial Officer (CFO) of the company, effective July 2. Currently, he serves as Executive Director – Finance at the company.

Rail Vikas Nigam was quoting at Rs 392.50, down Rs 0.10, or 0.03 percent. It has touched an intraday high of Rs 395.20 and an intraday low of Rs 388.55. It was trading with volumes of 134,912 shares.

In the previous trading session, the share closed down 0.77 percent or Rs 3.05 at Rs 392.60.

The share touched a 52-week high of Rs 647.00 and a 52-week low of Rs 295.25 on 15 July, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 39.34 percent below its 52-week high and 32.94 percent above its 52-week low.

Market capitalisation stands at Rs 81,837.04 crore.

A Memorandum of Understanding (MoU) was signed between NBCC (India) and National Film Development Corporation (NFDC), under the Ministry of Information and Broadcasting on July 02, 2025 for the comprehensive renovation and redevelopment of the iconic Siri Fort Auditorium Complex in New Delhi.

NBCC will serve as the Project Management Consultant and will be responsible for end-to-end execution of the project — from conceptualisation to commissioning.

NBCC (India) was quoting at Rs 118.65, down Rs 1.45, or 1.21 percent. It has touched an intraday high of Rs 121.30 and an intraday low of Rs 118.25. It was trading with volumes of 365,923 shares.

In the previous trading session, the share closed down 2.48 percent or Rs 3.05 at Rs 120.10.

The share touched a 52-week high of Rs 139.83 and a 52-week low of Rs 70.82 on 28 August, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 15.15 percent below its 52-week high and 67.54 percent above its 52-week low.

Market capitalisation stands at Rs 32,035.50 crore.

The Board has appointed Sunil Chandra as Managing Director and Chief Financial Officer of the company, effective July 2.

The Sensex was up 320.67 points or 0.38 percent at 83,730.36, and the Nifty was up 91.25 points or 0.36 percent at 25,544.65. About 1905 shares advanced, 1376 shares declined, and 163 shares unchanged.

#1 Total business soars 10.2 percent to Rs 13.44 lakh crore Vs Rs 12.2 lakh crore, YoY

#2 Total deposits grow 9.3 percent to Rs 7.44 lakh crore Vs Rs 6.81 lakh crore, YoY

#3 Gross advances increase 11.3 percent to Rs 6 lakh crore Vs Rs 5.39 lakh crore, YoY

Indian rupee is trading higher by 12 paise at 85.59 per dollar versus previous close of 85.71.

NTPC was quoting at Rs 335.00, up Rs 1.25, or 0.37 percent. It has touched an intraday high of Rs 335.30 and an intraday low of Rs 331. It was trading with volumes of 8,713,181 shares.

In the previous trading session, the share closed up 0.35 percent or Rs 1.15 at Rs 333.75.

The share touched a 52-week high of Rs 448.45 and a 52-week low of Rs 292.80 on 30 September, 2024 and 17 February, 2025, respectively.

Currently, the stock is trading 25.3 percent below its 52-week high and 14.41 percent above its 52-week low.

Market capitalisation stands at Rs 324,838.32 crore.

Godrej Industries' chemical business today announced significant capacity expansions in sync with the company’s growth plan to become a USD 1 billion global business before 2030.

With a total capital outlay for expansions to exceed Rs 750 crore over the next few years, the company has already kicked off several projects.

The company announced doubling of its Fatty Alcohol and Euric Acid capacities with an addition of 35,000 tons per annum and 20,000 tons per annum respectively.

Godrej Industries was quoting at Rs 1,150.05, down Rs 7.05, or 0.61 percent. It has touched an intraday high of Rs 1,163.95 and an intraday low of Rs 1,125. It was trading with volumes of 6,544 shares.

In the previous trading session, the share closed down 4.19 percent or Rs 50.55 at Rs 1,157.10.

The share touched a 52-week high of Rs 1,391.50 and a 52-week low of Rs 764.45 on 06 June, 2025 and 17 February, 2025, respectively.

Currently, the stock is trading 17.35 percent below its 52-week high and 50.44 percent above its 52-week low.

Market capitalisation stands at Rs 38,728.17 crore.

The Foundation for Advancing Science and Technology (FAST) India today announced a strategic, long-term partnership with Indegene to scale up India’s biotech ecosystem.

The partnership will focus on expanding research and collaboration between academia and the industry, helping accelerate innovation from the ground up.

The FMCG company has added a new Maggi Noodles production line at its Sanand factory in Gujarat. This new line was developed with an investment of Rs 105 crore.

Nestle India was quoting at Rs 2,408.00, up Rs 19.75, or 0.83 percent. It has touched an intraday high of Rs 2,408.00 and an intraday low of Rs 2,391.10. It was trading with volumes of 6,423 shares.

In the previous trading session, the share closed down 0.91 percent or Rs 22.00 at Rs 2,388.25.

The share touched a 52-week high of Rs 2,777.00 and a 52-week low of Rs 2,115.00 on 27 September, 2024 and 05 March, 2025, respectively.

Currently, the stock is trading 13.29 percent below its 52-week high and 13.85 percent above its 52-week low.

Market capitalisation stands at Rs 232,169.04 crore.

NMDC was quoting at Rs 69.41, up Rs 1.38, or 2.03 percent. It has touched an intraday high of Rs 69.64 and an intraday low of Rs 68.16. It was trading with volumes of 1,635,318 shares.

In the previous trading session, the share closed up 0.06 percent or Rs 0.04 at Rs 68.03.

The share touched a 52-week high of Rs 85.12 and a 52-week low of Rs 59.56 on 04 July, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 18.46 percent below its 52-week high and 16.54 percent above its 52-week low.

Market capitalisation stands at Rs 61,024.01 crore.

Asian Paints is exhibiting a classic double bottom formation on the weekly timeframe—a pattern typically considered a strong bullish reversal indicator. The stock has also posted a sharp 2.1 percent gain in the latest week and is now approaching the neckline resistance around Rs 2470.

Moreover, the ADX indicator is trending higher, suggesting that momentum is building in favor of the bulls. A sustained move above Rs 2470 could trigger the next leg of the rally, with potential upside targets at Rs 2550 and Rs 2600 in the near term. On the flip side, traders should keep a stop loss below Rs 2327 to manage risk.

Pankaj Sharma has resigned from the position of Chief Strategy and Transformation Officer of the bank, effective July 2, to pursue opportunities outside the organization.

Yes Bank was quoting at Rs 20.21, down Rs 0.08, or 0.39 percent. It has touched an intraday high of Rs 20.33 and an intraday low of Rs 20.16. It was trading with volumes of 1,615,644 shares.

In the previous trading session, the share closed down 0.73 percent or Rs 0.15 at Rs 20.29.

The share touched a 52-week high of Rs 27.41 and a 52-week low of Rs 16.02 on 08 July, 2024 and 12 March, 2025, respectively.

Currently, the stock is trading 26.27 percent below its 52-week high and 26.15 percent above its 52-week low.

Market capitalisation stands at Rs 63,389.93 crore.

Alembic Pharmaceuticals Inc., wholly owned subsidiary of Alembic Pharmaceuticals has acquired Utility Therapeutics Ltd.

The object of acquisition is to market the USFDA approved product and underdevelopment product owned by the Utility in USA.

Utility Therapeutics is involved in the development and approval of two brand pharmaceutical products for the treatment of urinary tract infections (UTI).

Axis Max Life Insurance, a material subsidiary of the company, has received a communication from an anonymous sender claiming unauthorized access to certain customer data.

As an immediate measure, Axis Max Life has initiated an information security assessment and data log analysis. A detailed investigation is underway, in consultation with information security experts, to assess the root cause of the incident and take remedial action as necessary.

The Sensex was up 323.36 points or 0.39 percent at 83,733.05, and the Nifty was up 96.35 points or 0.38 percent at 25,549.75. About 1807 shares advanced, 1274 shares declined, and 134 shares unchanged.

#1 Standalone Q4 revenue up 16.2 percent YoY versus estimate of 17.4 percent YoY growth

#2 Growth in Q1FY26 was lower than that seen in Q1FY25

#3 Net store additions stood at 9 in Q1 (versus 6 in Q1FY25 & 28 in Q4FY25)

#4 Total store count stood at 424; estimate, implied SSSg for quarter at 3-4 percent

#5 For Q1, expect EBITDA margin at 7.8 percent versus 8.7 percent in Q1FY25

The Board has recommended to the shareholders, for approval at the ensuing Annual General Meeting, the issuance of non-convertible debentures (NCDs) amounting to Rs 10,000 crore on a private placement basis, in one or more tranches.

#1 N America Class 8 Truck orders down 25% MoM & down 36%, YoY

#2 Orders at 8,900 units against 12,000 units, MoM

Shareholders have approved raising equity share capital of up to Rs 4,000 crore through QIP, FPO, rights issue, or ESPS during FY26.